Buy TRX/USDT – 1H – BUY

The pair Tron/Tether (TRX/USDT) breaks through the descending trendline up.

An ascending movement upwards to the next resistance level at 0.2788 will continue.

Caution: A possible trend reversal in the direction of support at is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.

And also a ‘Three Outside Up’ candlestick chart pattern is found. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.2875
2nd High 0.2804
Next High 0.2788
Current Price 0.277500000
Next Low
2nd Low
3rd Low

0.2788 – 0.2804 – 0.2796 – 0.2762 – 0.2764 – 0.2762 —
0.274200000 – 0.277400000 —
26.115798307129 – 57.713217472954 —
– —
0.2788 – 1770760800

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